Maybank : concern raised as Temu may turn aggressive in ASEAN amid...

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2025-02-12 11:09:48 -

Maybank : concern raised as Temu may turn aggressive in ASEAN amid US challenges

Maybank Investment Bank said Wednesday that the elimination of de minimis exemption by the United States has raised concerns among investors that Chinese e-commerce firm Temu may become aggressive in ASEAN. The research house said in a statement that if Temu turns aggressive in ASEAN, there could be a strong pushback by Singaporean technology firm Shopee. “We don’t rule out it may...

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